MUNICH (dpa-AFX Broker) - Baader Bank has upgraded Hugo Boss from "Add" to "Buy" after figures and a share price slide the day before, while leaving the target price at 74 euros. At the current level of the share, the risk/reward ratio is tempting, wrote analyst Volker Bosse in a study published on Friday. Hugo Boss CFO Müller reported a start to the year according to plan. In addition, the order backlog is satisfactory and no possible economic recovery has yet been factored into the annual forecast./niw/tih

Publication of the original study: 08.03.2024 / 10:56 / CET

First dissemination of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

-----------------------

dpa-AFX Broker - the Trader News from dpa-AFX

-----------------------